Make sure to check off this property during divorce

In a high-asset divorce, there's no question that you have a lot to gain or lose. Some of the things you want out of your divorce could be monetary, while other items you want could be based solely on memories or personal significance. Your marital assets may include properties, retirement accounts or stocks, just to name a few things. Normally, you, as a couple, may have merged your income and property, purchasing items together.

What do you do now when you have so much money invested into your relationship? Dividing your marital property is the only option, and it can be stressful. With the help of your attorneys and potentially even mediation for contentious issues, you can get through this difficult procedure.

When you're dividing your property, make sure you have a checklist of the items you may have to split. Do you have a marital homestead? Have you purchased other real estate, like vacation homes or rental properties?

Look at business ventures. Do you have shares in businesses or own business properties? What about land?

Remember that it's not just accounts that get split. Things like your furniture and collections will be divided as well. Some common items that are divided include computers, office equipment, crystal, artwork, rugs and jewelry.

Financial assets may include things like 401(k) plans, pension plans, checking and savings accounts, Christmas club accounts, retirement savings, mutual funds, trusts and life insurance policies. These are all items that the court will want to know about and divide among you during your divorce. Make sure to write down everything that should be present in your accounts to be sure they're accounted for.

Source: FindLaw, "Checklist: Dividing Marital Property," accessed Nov. 05, 2015

No Comments

Leave a comment
Comment Information
  • The Law Office of Daniel E. Forrest represents individuals in Fort Lauderdale in high-asset divorce matters. Daniel Forrest is board-certified family lawyer and mediator serving the South Florida area.
  • The Florida Bar - Board Certified | Marital & Family Law
  • AV(R) Preeminent Martindale-Hubbell(R) Lawyer Ratings
  • Rated By Super Lawyers | Rising Stars Daniel Forrest |
  • Avvo Rating 10.0 Superb | Top Attorney Family

Learn More About Your Legal Options

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

450 East Las Olas Boulevard
Suite 1090
Fort Lauderdale, FL 33301

Toll Free: 800-642-8160
Phone: 954-800-5000
Fax: 954-252-4095
Map & Directions